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CA Final Financial Reporting RTP May 2024: Question Paper and Solutions

CA Final Financial Reporting RTP Series May 2024 12 Questions Indexed

ICAI Examination Archive & Suggested Answers: This directory indexes questions from CA Final Financial Reporting RTP (May 2024). Open individual questions for available answers and working notes, then use the subject analysis to review historical marks.

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How to Prepare for CA Final Financial Reporting

Solving past MTPs, RTPs, and suggested answers from previous examination windows is essential to mastering time management under the time limit applicable to your exam paper. Review step-by-step working notes, legal case precedents, and accounting disclosures with instant 24/7 AI tutor assistance via CApex.

Question directory and available solutions

12 indexed questions. Open a question to read its full statement and available answer.

FA Ltd. is a company which manufactures aircraft parts and engines and sells them to large multinational companies like Boeing and Airbus…
HS Limited (HSL) is a car manufacturing company. During the year, HSL has entered into many transactions, details of which are given below. i. With…
On 1st April 20X1, Pride Limited acquired 30% of the ordinary shares of Famous Limited for 4,000 crores. Pride Limited accounts for its investment…
Astra Ltd. is a listed entity which operates in the defence and fibre optics sector. It supplies fibre optic cables and racks in the domestic…
Joy Ltd. wishes to calculate tax base of its assets and liabilities as on 31st March 20X5. The Balance Sheet has been adjusted by current tax…
PQR Limited is engaged in Tourism business in India. The company has planned to construct a Holiday Resort (Qualifying Asset) at Shimla. The cost of…
The company has made sales of 60,00,000 to a customer SS LLP on 31st December 20X2. The normal credit is for one month. However, sometimes, it goes…
B Limited has valued its Stock held for distribution as free items on claim by customers (on offers) at zero. Customers have a right to claim the…
Following is the Balance Sheet of Mars Ltd: Particulars 31.3.20X3 31.3.20X2 ASSETS Non-Current Assets Property, Plant and Equipment 450 410…
A property sale contract includes the following: (a) Common areas (b) Construction services and building material (c) Property management services…
At the beginning of its current financial year, AB Limited holds 90% equity interest in BC Limited. During the financial year, AB Limited sells 70%…
Fashion India Ltd. (FIL) entered into an agreement with RFD Ltd. on 10th August, 20X2 for purchasing a machinery. The agreement has a clause that…